During a claim, a comprehensive car insurance policy does not cover the costs of consumables. Consumables include any parts that are consumed or worn out naturally as the car is used. Nuts, bolts, screws, and engine oil are common examples of consumables in a vehicle.
The costs for replacing these consumables can run pretty high when your car is getting repaired. Therefore, it is advisable to opt in for an add-on benefit known as ‘consumables cover’ to complement the coverage of your car insurance policy. This add-on ensures that the insurance provider includes the expenses for consumables too within the purview of the plan. The consumables cover add-on might increase your overall car insurance premium slightly but, this added expense is definitely worth the benefits it brings.
If you are new to the concept of consumables cover on your motor insurance policy, you might have a few queries in mind. Read on for the answers to some of the most frequently asked questions regarding this add-on in car insurance.
- What are some of the major consumables that get covered?
The consumables add-on covers the charges incurred for oils such as engine oil, brake oil, and gearbox oil. It also covers items that need replacing due to wear and tear such as nuts and bolts, screws, AC gas, grease, radiator coolant, and oil filter.
The only consumable that is generally not covered is fuel.
- Does the consumables cover add-on have any exclusions that might see a claim get rejected?
Yes, there are a couple of exclusions to this add-on that are common to most leading motor insurance policies. Firstly, the policyholder should not have been under the influence of any substance at the time of the accident that necessitated the claim. Secondly, their vehicle should not have been used for any commercial purpose if it is covered under a private car insurance policy. Thirdly, the policyholder cannot use this coverage for a standard replacement of consumables in the vehicle – the add-on is only applicable after a mishap that sees the car requiring repairs.
- Can I add consumables cover as a benefit on my third-party car insurance policy?
No, this add-on is only offered as an option on comprehensive car insurance plans.
- Is there a limit to age of the vehicle for this add-on?
Car insurance companies may not provide consumables cover to vehicles that are more than 5 years old. That being said, many leading insurance providers are known to accommodate requests for long-time and loyal customers. So, do not be afraid to ask your insurance company if an older vehicle qualifies for this add-on based on your track record.
The consumables cover add-on holds many benefits for the vehicle owner. The costs of these tiny parts can truly see you pay a huge sum from your own pocket. So, why not let your insurance provider foot the bill instead. Make sure to add the consumables cover benefit to your car insurance policy as soon as you can. We hope this article helps you. Drive safely!